Tag: Discretionary Trading

Discretionary Trading

P&L Talk Series with Bill Lipschutz

Bill Lipschutz talks to Profit & Loss about how the FX market has changed since he founded Hathersage Capital Management, and why the barriers to entry for currency-focused hedge funds are going up, not down.

Profit & Loss: What products do you trade and what types of strategies do you deploy? How would you describe your trading philosophy?

Bill Lipschutz: Hathersage trades G10 currency pairs and plain vanilla options on those pairs. Our strategies embrace one or the other of two basic approaches. They are either: tactical, momentum driven or strategic, macro fundamental. We are 100% discretionary, highly focused and uniquely experienced.